China approves USD 1 billion loan for Central Expressway
Posted by ONLANKA Newsroom on May 14, 2018 - 8:25 pm
Chinese Ambassador in Colombo Cheng Xueyuan has informed Prime Minister Ranil Wickremesinghe that the Chinese government has approved USD 1 billion as funding for the phase one of the Central Expressway project.
Instructions have been given to Chinese EXIM bank to process the loan. The ambassador requested the Sri Lankan side to expedite administrative and legal formalities, the PM’s Office said.
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How much of this USD 1 billion will go into the bank account of Mahanama’s Boss?
wow more rich politicians who will get a chance to live in style and more tax money of the poor who have to tighten their belts to pay back these loans